To say that isoquants are convex is to say that

To say that isoquants are convex is to say that



A) the marginal rate of technical substitution falls as labor increases.
B) capital and labor are perfect substitutes.
C) labor, but not capital, is subject to the law of diminishing marginal returns.
D) there are constant returns to scale.


Answer: the marginal rate of technical substitution falls as labor increases.


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